Nig. Stock Exchange To Hit $1trillion, Soon

The targeted $1trillion dollar market capitalization mark is achievable if the telecom companies, power companies and oil companies get listed on the Nigerian Stock Exchange. This is according to the Director General of the Securities and Exchange Commission (SEC), Ms Arunma Oteh.

Miss Oteh who was speaking to journalists after the second quarter capital market committee meeting in Lagos, said that presently the market capitalization is at $107 billion. She maintains that if certain factors are put in place, the $1trillion target will be achieved in no distant time.